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Fed raises rates, but small businesses may find room to plan ahead
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Fed raises rates, but small businesses may find room to plan ahead

Jaelyn Campbell

The Federal Open Market Committee (FOMC) raised the federal funds target range to 3.75% to 4% Wednesday, marking the first rate increase

U.S. consumer confidence falls to lowest since 2011 as recession fears, inflation, tariffs, and job concerns weigh on outlook.
Articles
Consumer confidence falls to lowest level since 2011 amid tariff concerns
Jasmine Kiniklis
The Conference Board’s Consumer Confidence Index fell to 86 in April, the lowest reading in nearly five years. It declined
On March 20, 2025, President Donald Trump signed an executive order to dismantle the U.S. Department of Education.
Articles
Trump sings order to dismantle Education Department, shifts student loans to SBA
Jaelyn Campbell
On March 20, 2025, President Donald Trump signed an executive order to dismantle the U.S. Department of Education, marking a
The U.S. SBA introduces new loan application requirements to verify eligibility and prevent fraud across its small business programs.
Articles
SBA cracks down on loan fraud with new verification rules
Jasmine Kiniklis
The U.S. Small Business Administration (SBA) announced new verification requirements designed to combat fraud in its loan programs. The reform
Jerome Powell stated Wednesday that tariffs and recent policy changes by the Trump administration will raise both inflation and unemployment.
Small Business News
Federal Reserve Chair believes Trump tariffs will drive inflation and unemployment through 2025
ASBN Newsroom
Federal Reserve Chair Jerome Powell stated Wednesday that tariffs and recent policy changes introduced by the Trump administration will likely
U.S. inflation slowed in March, with consumer prices rising by just 2.4% from the previous year, down from 2.8% in February.
Articles
U.S. inflation cools, but tariff threats loom over prices
ASBN Newsroom
U.S. inflation slowed in March, with consumer prices rising by just 2.4% from the previous year, down from 2.8% in
optimism
Articles
Small business optimism drops below historical average
Jasmine Kiniklis
According to the National Federation of Independent Business (NFIB), small business optimism has taken a decisive blow for another consecutive
A new poll released by the NFIB reveals overwhelming backing for making the 20% Small Business Tax Deduction permanent.
Articles
New poll shows overwhelming support for small business tax deductions
Jaelyn Campbell
A new poll released today by the National Federation of Independent Business (NFIB) reveals widespread, bipartisan support for small businesses
IRS tax extension
Articles
IRS extends tax deadline for disaster victims and businesses in 12 states
ASBN Newsroom
The Internal Revenue Service (IRS) has announced that taxpayers in disaster-declared areas will have until May 1, 2025, to file
jobs
Articles
U.S. adds 228,000 jobs in March despite rising unemployment and trade uncertainty
ASBN Newsroom
U.S. employers added 228,000 jobs in March, significantly outperforming expectations and signaling continued resilience in the labor market. The data,
According to sources, the White House has drafted a proposal to impose 20% tariffs on most imports, reshaping global trade.
Articles
Trump’s 20% tariff plan could reshape global trade and U.S. economy
Jaelyn Campbell
According to sources familiar with the matter, the White House has drafted a proposal to impose 20% tariffs on most
Small Business Week
Small Business News
SBA announces 2025 National Small Business Week, honoring entrepreneurs across the U.S.
ASBN Newsroom
The U.S. Small Business Administration (SBA) has officially announced that National Small Business Week (NSBW) will take place from May
SBA
Articles
Kelly Loeffler leads SBA overhaul, cutting 2,700 jobs
Jasmine Kiniklis
The Small Business Administration (SBA) has announced an agency-wide restructuring that will cut 2,700 jobs. This significant reduction accounts for
ASBN Small Business Network
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